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Silverline Technologies
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Dear bassano, I have just given my views, since I believe that there is a lot more pain left in the markets and not so prominent stocks may take time to be back in momentum. Have a nice day....
In reply to:
New Fund 6 Cr USD - My view
Posted by :
bassano
sir sorry to say well this is the right time to enter in any stock for the horizon of 3 yrs........deepak 
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sir sorry to say well this is the right time to enter in any stock for the horizon of 3 yrs........deepak...
In reply to:
New Fund 6 Cr USD - My view
Posted by :
shareviews
Dear bassano, What I suggest is let us not even think about such stocks like Silverline at the moment. Situation is so bad.
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Dear bassano, What I suggest is let us not even think about such stocks like Silverline at the moment. Situation is so bad.
...
In reply to:
New Fund 6 Cr USD - My view
Posted by : bassano
hi shareviews............the loss u r talking about is last quarter of silverline ............which ends on june 2008............deepak
If the present downward trend continues for some more days, the share of silverline may be delisted from BSE. ...
In reply to:
New Fund 6 Cr USD - My view
Posted by :
amarakbar
Dear Friends,
A notice dated 15 sep 08 downloaded from bse shows that Silverline bse code 500389 is planning increase in equity in near future - EGM on 22 Sep 08-
Points which come to my mind are,
1. Should they be allowed at all !
Reason is, after equity reduction exercise its 250 cr rs equity got reduced to 25 cr , then 1 cr share swap issue and pref allotments caused equity to grow to 40 cr - last annual result shows sales of 157 cr rs and profit of 20 cr rs - THEY HAVE NOT PAID ANY DIVIDEND - THEIR SHARE PRICE HAS DETERIORATED from 180 on listing on 6 Dec 08 to present 15 Rs - 1/12 of its listing price in short span of 9 months flat !
2. Earlier promoters have made tall promises but have failed in actual performance.
3. My perception of its intrinsic value is 70 to 90 Rs per share and yet they have managed to keep it under 20 Rs per share in last 3 months - one can not rule out INTENTIONAL GAMES -
Thus promoters and their policy is the only negative point about this company.
Their exposure to usa, canada and mexico is another point to be considered in light of recent usa crisis in financial markets. By November 08 this crisis will be over.
Positive points:
1. Equity Share is available below its networth and perceived value so it is a BUY at present at 15 Rs for 10Rs paid share.
2. The simple 3 month moving average is around 17 Rs just 10 odd % above present market price and stoch 7-3 in monthly chart has just given BUY signal thus BULLISH REVERSAL is just around the corner - most probable- 15 Sep- 15 Nov 08 period. BIG WHITE BULL CANDLE EXPECTED.
3. Fresh fund infusion will result into more sales and profit and thus increase in networth per share in coming years.
6 cr usd at 46 rs exchange rate means 276 cr Rs fresh funds or networth -
most important issue will be CONVERSION/ISSUE price of new equity shares-
based on its study since last few years and the past announcements and events ,
MY PERCEPTION about offer price is, 92 Rs per share +/- 15 % as exchange rates and other factors will play their part in arriving at this price. Thus price range will be 105.8 to 78.2 Rs per share-
It will be a relief to present investors and windfall gain for new investors who are buying now at 15 Rs per share.
My perception is increase in equity - 30 cr rs - 3 cr shares of 10 Rs each
increase in networth of company 276 cr rs
equity after such issues - 70 to 77 cr rs
networth of company about 600 cr rs after issues-
post issue networth per share - 77 to 85 Rs per share
All above points are PERSONAL VIEW, based on various factors and probabilities, do your own homework, do not depend blindly on these points, take advice of certified advisor before taking any decision, i am OLD investor thus my view can be BIASED view.
warm regards
Vipul Lashkari
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hi shareviews............the loss u r talking about is last quarter of silverline ............which ends on june 2008............deepak...
In reply to:
New Fund 6 Cr USD - My view
Posted by : shareviews
Silverline Q1 loss is 8.5 crores. I fell that unless performance improves, this stock is not worth to invest. Another identitical stock is Teledata. Feel that Infosys, HCL Tech and NIIT Tech are much better and safer options for the time being.
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Silverline Q1 loss is 8.5 crores. I fell that unless performance improves, this stock is not worth to invest. Another identitical stock is Teledata. Feel that Infosys, HCL Tech and NIIT Tech are much better and safer options for the time being. ...
In reply to:
New Fund 6 Cr USD - My view
Posted by : amarakbar
Dear Excel47,
In next five years i expect it to cross its previous swing top of 220 Rs from which it is trading at 14 Rs at present.
The Fundamentals have remained same or maybe are better today than in the past when its normal price pre-equity reduction was 6 Rs per share.2004 to 2006 period.
Today in sep 2008 it is 14 rs is just 1.4 rs if we want to compare it with its past data for practical chart purpose therefore, 1300 Rs share is now trading at 1.4 Rs per share. Percent erosion in shareholder\\`s worth is just too much at present. Just go to bse website , go to charting link of 500389 stock which is silverline technology and then intraday chart will appear, change time period to 6 dec 2007 to present day and then check monthly, weekly, daily charts with 3 period moving average and stoch indicator and 14 rsi indicator and macd indicator one by one , read about positive divergences on any tech analysis webpage or book.
warm regards
Vipul Lashkari
a line from hindi film- kyunki picture abhi khatam nahi hua, in other words it has just begun.
Your message on silverline is not clear. All you bullish or bearish on silverline?....
In reply to:
New Fund 6 Cr USD - My view
Posted by : bassano
look how operators are getting frusrated by listening the facta of this company..........ha ha ha ha.........i respect BARON and AMARAKBAR who still feels good about this stock........best of luck all share holders of silverline now the time is near they have to disclosed the conversion of adr/gdr price within 30 days of EGM......so calculate the time left.......deepak
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look how operators are getting frusrated by listening the facta of this company..........ha ha ha ha.........i respect BARON and AMARAKBAR who still feels good about this stock........best of luck all share holders of silverline now the time is near they have to disclosed the conversion of adr/gdr price within 30 days of EGM......so calculate the time left.......deepak...
In reply to:
New Fund 6 Cr USD - My view
Posted by : Guest
who the hell are u ?do u hv any evidence . they never declared the price at which they purchased warrant/ gdr/conversion price
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who the hell are u ?do u hv any evidence . they never declared the price at which they purchased warrant/ gdr/conversion price...
In reply to:
New Fund 6 Cr USD - My view
Posted by : bassano
sir.......ravi has already got 57 lacs warrants in december which he has to convert in shares within 18 months...and than only his % of shareholding will display.......also mont blance(a canadian investment company) got 37 lacs odd shares.........u know which rate ..........ha ha ha.....130 rs..........we are nt in trouble also ravis capital is eroded.........plz have patience...........time will telll .............patience will definitely pay........deepak
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well kotak............thing is thatit was all pre planned...... in jan they issued 30 lacs gdr to BSMA which later got bursted and jp morgan bought this co and his shares ..........if u go to shareholding pattern of silverline in bseindia com u will c 21lacs shares have been holded by jp morgan........which was transfered to him by bsma...........deepak...
In reply to:
New Fund 6 Cr USD - My view
Posted by : kdeep_kotak
Dear Deepak
QUOTE:- JP MORGAN has also bought stake in the company
R U serious or joking..
and if u hav any information.. on which price ??????
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Dear Deepak
QUOTE:- JP MORGAN has also bought stake in the company
R U serious or joking..
and if u hav any information.. on which price ??????
...
In reply to:
New Fund 6 Cr USD - My view
Posted by : bassano
well.........lets c JP MORGAN has also bought stake in the company........does any body knows.........ha ha ha ....i know why............deepak
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sir.......ravi has already got 57 lacs warrants in december which he has to convert in shares within 18 months...and than only his % of shareholding will display.......also mont blance(a canadian investment company) got 37 lacs odd shares.........u know which rate ..........ha ha ha.....130 rs..........we are nt in trouble also ravis capital is eroded.........plz have patience...........time will telll .............patience will definitely pay........deepak...
In reply to:
New Fund 6 Cr USD - My view
Posted by :
excel47
What are your long term views on the company. Why promoter are not investing in their own company since promoter stake as on June 2008 is Zero. Don"t they think value in their own company. Is it worth investing in the silverline technologies.
What are your long term views on the company. Why promoter are not investing in their own company since promoter stake as on June 2008 is Zero. Don"t they think value in their own company. Is it worth investing in the silverline technologies. ...
In reply to:
New Fund 6 Cr USD - My view
Posted by : bassano
well.........lets c JP MORGAN has also bought stake in the company........does any body knows.........ha ha ha ....i know why............deepak
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well.........lets c JP MORGAN has also bought stake in the company........does any body knows.........ha ha ha ....i know why............deepak...
In reply to:
New Fund 6 Cr USD - My view
Posted by : excel47
Dear amarakbar, I think, by now you would have analysed the outcome of E.G.M. held on 29th August,SILVERLINE. Will you please send your opinion that what Silverline is going to do in the short run.
regards.
Dear amarakbar, I think, by now you would have analysed the outcome of E.G.M. held on 29th August,SILVERLINE. Will you please send your opinion that what Silverline is going to do in the short run.
regards. ...
In reply to:
New Fund 6 Cr USD - My view
Posted by : amarakbar
Dear Excel47,
In next five years i expect it to cross its previous swing top of 220 Rs from which it is trading at 14 Rs at present.
The Fundamentals have remained same or maybe are better today than in the past when its normal price pre-equity reduction was 6 Rs per share.2004 to 2006 period.
Today in sep 2008 it is 14 rs is just 1.4 rs if we want to compare it with its past data for practical chart purpose therefore, 1300 Rs share is now trading at 1.4 Rs per share. Percent erosion in shareholder\\`s worth is just too much at present. Just go to bse website , go to charting link of 500389 stock which is silverline technology and then intraday chart will appear, change time period to 6 dec 2007 to present day and then check monthly, weekly, daily charts with 3 period moving average and stoch indicator and 14 rsi indicator and macd indicator one by one , read about positive divergences on any tech analysis webpage or book.
warm regards
Vipul Lashkari
a line from hindi film- kyunki picture abhi khatam nahi hua, in other words it has just begun.
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